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Answer:
Ashley would have to pay an additional $608.52 in interest when the length of the loan changes from 3 years to 5 years.
Step-by-step explanation:
Although the problem gives us the initial amount of the balance ($4000) and the interest rate (13%), we are really only concerned with the total amount Ashley will make in payments in three years versus five years. If she pays $134.78 for three years, that is 36 months, or $134.78 times 36 which is equal to $4852.08. However, if she decides to take longer to pay it and instead pays $91.01 for five years, or 60 months, then her total amount paid would be $5460.60. To find the difference between these two, simply subtract $5460.60-$4852.08 to get $608.52.
Answer:
Question one: 3rd option
(Pt. 2 written):
b=ac^2
b=1/8 (4)^2
b= 2
Question two: It is option 2
(Pt. 2 written):
v= m-k
v= -2+7
v= 5
Question three: option 2
(Pt. 2 written):
q=ps/r
q=14(-4)/-7
q=-56/-7
q=8
Question four: It is choice number 3
(Pt. 2 written):
m=3n/4
m=3(8)/4
m=24/4
m=6
Question five: It is choice number 2
(Pt. 2 written):
x=wy+z
x=-8(-5)+6
x=40+6
x=46
Answer:
160
Step-by-step explanation:
Answer:
1/4
Step-by-step explanation:
y=1/4x
or
y=1.4x+2